Common use of Collateral and Guarantee Requirement Clause in Contracts

Collateral and Guarantee Requirement. (a) If (i) any Material Subsidiary is formed or acquired after the Effective Date or (ii) any Consolidated Subsidiary shall become a Material Subsidiary after the Effective Date, in each case other than an Excluded Subsidiary, then the Company will promptly, but in no event later than 15 days after such formation or acquisition (in the case of clause (i)) or 15 days after any executive officer or Financial Officer of the Company obtains knowledge thereof (in the case of clause (ii), but in each case of clause (i) and (ii), as such period may be extended by the Administrative Agent in its reasonable discretion), notify the Administrative Agent and the Lenders thereof and cause the Collateral and Guarantee Requirement to be satisfied with respect to such Material Subsidiary.

Collateral and Guarantee Requirement. (a) If (i) any Material Subsidiary is formed or acquired after the Restatement Effective Date or (ii) any Consolidated Subsidiary shall become a Material Subsidiary after the Restatement Effective Date, in each case other than an Excluded Subsidiary, then the Company will promptly, but in no event later than 15 days after such formation or acquisition (in the case of clause (i)) or 15 days after any executive officer or Financial Officer of the Company obtains knowledge thereof (in the case of clause (ii), but in each case of clause (i) and (ii), as such period may be extended by the Administrative Agent in its reasonable discretion), notify the Administrative Agent and the Lenders thereof and cause the Collateral and Guarantee Requirement to be satisfied with respect to such Material Subsidiary.

Collateral and Guarantee Requirement. (a) If (i) any Material Restricted Subsidiary (other than an Excluded Subsidiary) is formed or acquired after the Effective Closing Date or (ii) any Consolidated Subsidiary shall become a Material Subsidiary after the Effective Date, in each case (other than an Excluded Subsidiary) shall become a Restricted Subsidiary after the Closing Date, then the Company will promptly, but in no event later than 15 days after such formation or acquisition (in the case of clause (i‎(i)) or 15 days after any executive officer or Financial Officer of the Company obtains knowledge thereof (in the case of clause ‎(ii)) (ii), but or in each case of clause (i) and (ii), such later date as such period may be extended by is acceptable to the Administrative Agent in its reasonable discretionAgent), notify the Administrative Agent and the Lenders thereof and cause the Collateral and Guarantee Requirement to be satisfied with respect to such Material Restricted Subsidiary.

Collateral and Guarantee Requirement. (a) If (i) any Material Restricted Subsidiary (other than an Excluded Subsidiary) is formed or acquired after the Effective Closing Date or (ii) any Consolidated Subsidiary shall become a Material Subsidiary after the Effective Date, in each case (other than an Excluded Subsidiary) shall become a Restricted Subsidiary after the Closing Date, then the Company will promptly, but in no event later than 15 days after such formation or acquisition (in the case of clause (i)) or 15 days after any executive officer or Financial Officer of the Company obtains knowledge thereof (in the case of clause (ii), but ) (or in each case of clause (i) and (ii), such later date as such period may be extended by is acceptable to the Administrative Agent in its reasonable discretionAgent), notify the Administrative Agent and the Lenders thereof and cause the Collateral and Guarantee Requirement to be satisfied with respect to such Material Restricted Subsidiary.

Collateral and Guarantee Requirement. (a) If i)If (i) any Material Restricted Subsidiary (other than an Excluded Subsidiary) is formed or acquired after the Effective Closing Date or (ii) any Consolidated Subsidiary shall become a Material Subsidiary after the Effective Date, in each case (other than an Excluded Subsidiary) shall become a Restricted Subsidiary after the Closing Date, then the Company will promptly, but in no event later than 15 days after such formation or acquisition (in the case of clause (i)) or 15 days after any executive officer or Financial Officer of the Company obtains knowledge thereof (in the case of clause (ii), but ) (or in each case of clause (i) and (ii), such later date as such period may be extended by is acceptable to the Administrative Agent in its reasonable discretionAgent), notify the Administrative Agent and the Lenders thereof and cause the Collateral and Guarantee Requirement to be satisfied with respect to such Material Restricted Subsidiary.